Banking has suffered a black day on the stock market. Financial institutions have painted European main indices red, dragged down by forecasts of economic contraction due to the war in Iran. All countries have seen their banks lose momentum since the opening, but the Spanish state is among the main victims. The Ibex-35, much more heavily weighted with banking stocks than the rest of the relevant EU indices, has fallen by nearly 2.4% this Monday, and is once again moving away from the 18,000-point threshold that marked its rally since the start of 2026. Far from these figures, the German Dax 40 has survived the declines in the stock prices of Commerzbank and Deutsche Bank, and has stopped its freefall at -1.2%; while the French Cac 40 has dropped by nearly 1.7%.